OWENS’ 1936 OLYMPIC GOLD FETCHES $1.4 MILLION

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LOS ANGELES: An Olympic gold medal won by Jesse Owens at the 1936 Berlin Games has sold at auction for $1,466,574, the highest price ever paid for a piece of Olympic memorabilia. SCP Auctions based in Laguna Niguel, California, said the price for the medal in the auction that concluded on Sunday surpassed that of a silver cup won by the winner of the first modern-day Olympic marathon in 1896 that sold for $865,000 in April 2012 and the highest price paid for a US Olympic item—the “Miracle on Ice” hockey jersey worn by team captain Mike Eruzione—that sold for $657,250 in February of 2013.

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AFP

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